New Point Cloud Rendering - But how?

I’ve seen the video and it demonstrates how to use Geometry Notes to instance a mesh on the points of a point cloud. But in the 3.1 release info it says that point clouds can now be rendered without instanced geometry (which is pretty slow). I’ve also read the development documentation but I can’t find any clue about how to actually render a point cloud. Just importing the point cloud and rendering it doesn’t work for me.